Monday, June 15, 2009

McClatchy booted from Russell 3000 index

Here's McClatchy's latest indignity: the company has been booted from the Russell 3000 stock index.

Other newspapers joining McClatchy in the kicked-to-the-curb list are A.H. Belo and Lee Enterprises.

Hat tip: Fitz and Jen
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4 comments:

Anonymous said...

Say hello to a big dip and goodbye to all those indexed automatic buys. This could be ugly, ugly, ugly!

Anonymous said...

YES!!!!

Anonymous said...

Where's the idiot who said MNI was making "The big come back" when it hit .90 cents a few weeks ago?

Anonymous said...

He's still here making claims that he is a Republican but hates Republicans in another thread.

He doesn't talk about stocks too much anymore. Especially after having his ass handed to him after claiming that creditors didn't dictate if McClatchy could sell their holdings or not.